CSD Invesco S&P Spin-Off ETF
What is CSD?
CSD tracks an index of mostly large- and mid-cap US equities that have broken away from their parent firms in the last 4 years.
CSD Factset Analytics Insight
CSD offers niche equity exposure to spin-offs. The idea: A firm spun off from a larger parent has a singular focus on its core business, rather than being a rudderless component of a larger whole. Its S&P index uses a 4-year look back, and names can be added immediately once the monthly reconstitution rolls around. Single-name exposure can be concentrated up to 7% at rebalance. CSD pulls from a broad US index (not from the S&P 500) but screens out smaller firms with a minimum $1B market-cap screen. It applies no additional selection screens, however, thus offering reasonably pure-play exposure to its narrow thesis. Note: Prior to May 20, 2016, CSD tracked the Beacon Spin-off Index, which used different time horizons and had a growth-oriented multi-factor selection process. The change was material but the spin-off thesis remains the same.
CSD Summary Data
Peers
Fund Flows
CSD Portfolio Data
CSD Index Data
CSD Portfolio Management
CSD Tax Exposures
CSD Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CSD. CSD is rated a 4 out of 5.
CSD Tradability
CSD Sector/Industry Breakdown
Benchmark
CSD Top 10 Holdings
CSD Performance Statistics
CSD Countries
Benchmark
CSD Regions
Benchmark
CSD Economic Development
Benchmark
CSD Benchmark Comparison Summary
Benchmark
CSD Benchmark Comparison Market Cap Size
Benchmark
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